Bozo,whatever you are smoking - stop it. This market is focussed...

Bozo,
whatever you are smoking - stop it.
This market is focussed on earnings, actual vs expectations. they won't all be great, but look at the key dow components?
asx200 coming off multi year low, earnings strong, growth ok, low inflation, low dollar, good fundamentals for the banks. the asx200 is setting for a year end rally to 3250. dow probably range 7500 to 9000 for 6 months or unless something real bad and unexpected hits, the risk premium is extemely high right now and can only come down over time.